BJP ‘desperately’ trying to shield PM CARES Fund from scrutiny: Chidambaram

The Congress chief's questions on Twitter observe a report revealed in The Hindu

Former Finance Minister P. Chidambaram on Thursday accused the Bharatiya Janata Party (BJP) of “desperately” trying to shield PM CARES Fund from scrutiny as he requested a sequence of questions relating to the institution of the fund.

The Congress chief's questions on Twitter follow a report published in The Hindu the place it was identified that although the federal government claimed that PM CARES Fund was not a public authority beneath the Right to Information (RTI) Act, the Ministry of Corporate Affairs (MCA) in March utilized the logic of the fund being arrange the middle itself to enable donations as a part of Corporate Social Responsibility (CSR).

Was the fund arrange by the central authorities as raised by the Ministry of Corporate Affairs? If not, who arrange the Fund and in what capability? If the Fund was not arrange by the central authorities, why are the PM and three Ministers serving as Trustees? Who appointed them as trustees? If the fund is a non-public established fund, why are donations to the fund counted in opposition to CSR, ”requested Mr. Chidambaram.

The former Finance Minister requested who licensed the MCA to make an modification to the Companies Act and if comparable CSR advantages could be prolonged to donations made to different privately-established funds.

“Who authorizes MCA to make a retrospective amendment to the Schedule to the Companies Act inserting the name of PM-CARES Fund in the Schedule?” he requested.

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